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The suspension of business activities in KP

by Editorial
February 17, 2024
in Editorial

Like the rest of the country, even in Khyber Pakhtunkhwa despite the completion of a week of general elections business activities could not speed up which were being thought.

It should be remembered that for the past two years the common citizens and the business community were waiting for the general elections, after which the stalled economy in the country would start again.

 All the estimates of the writers have been proved wrong because no political party has been able to get a clear majority in the general elections, due to which they are facing difficulties in forming the government.

On the other hand, there will be a lot of difficulties for the incoming government due to the wave of inflation in the country, which is the reason why the inflation will increase a lot due to the fulfillment of the conditions of the IMF.

Therefore, the investors have secured their capital and they are not taking it out due to which the businesses are at a standstill. This is the reason that even after a week of elections, commercial activities could not be restored in Peshawar, business life has remained paralyzed.

 In the elections only the business of printing press was booming and the business of crores of rupees was done in Mahalla Jangi in Peshawar but even after a week of elections, the uncertainty is still there. Due to which business life is non-existent.

The workers in different areas of the city are sitting all day long for their work. The construction work has also stopped. Other commercial centers are depressed due to inflation and big businessmen are shying away from investment due to uncertainty. Due to the crash of the stock market, billions of rupees have been lost.

 Even though the wedding season is at its peak, the traders associated with this business are worried. According to Tarab Gul, spokesperson of City Traders, business life has been paralyzed due to inflation.

 Business life has been paralyzed for the past two weeks and the markets are quiet.

 Therefore, there is a need to complete the process of government formation as soon as possible so that the businessmen and traders can start the process of investment and the common people can also make it available.

It should be remembered that due to the current economic conditions, the labor class has been affected the most because the construction sector has been affected the most due to the current conditions. Which has affected dozens of sectors. Therefore, until the process of government formation is completed, the financial conditions of the country will change.

It is hoped that the political parties will leave their egoism and soon give way to a party to form the government. Meanwhile, the way of horse trading should also be stopped so that the way of buying and selling of the elected members of the assembly can be stopped because this horse trading has a bad effect on the conditions of the country and these elected representatives whom the people need to solve their problems.

 They take money and put aside the problems of the people, in which unemployment is the biggest problem. Now it is the responsibility of the new rulers to not only establish a new democratic charter to improve the economic system in the country, but also to develop a consensus economic charter in which all the ruling parties and opposition parties participate.

 They should agree that they will not allow mutual differences to stand in the way of national interests, but will sacrifice personal interests for the sake of national interests. Now we have to see in which direction the political parties and working forces are taking the situation of the country.

 If the politicians do not pay attention to the elimination of unemployment, the main problem of the people, then as time goes by, the situation will get worse for which all the responsibility will be shared on these political forces. 

Tags: Asif ZardariBilawal BhuttoElection Commission of PakistanELECTIONS 20224GazaISLAMABADIsraelKPKLAHORENawaz SharifPakistan Tehreek-e-InsafpalestinePMLNPPPPTIPUBLIC PURVIEWRawalpindi
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